Araştırma Makalesi
BibTex RIS Kaynak Göster

Interaction between Cds Premiums and Sell Transactions of Foreign Investors

Yıl 2020, Cilt: 15 , 40 - 47, 29.02.2020

Özge Bolaman

https://doi.org/10.19168/jyasar.674279

Öz

Kaynakça

  • Alper, Emre, Forni, Lorenzo and Gerard, Marc.2012. “Pricing of Sovereign Credit Risk: Evidence From Advanced Economies during Financial Crisis”. IMF Working Paper.
  • Baker, Kent and Filbeck, Greg, 2015.Investment Risk Management, New York: Oxford University Press
  • Biglaiser, Glen, Hicks,Brian And Huggins, Caitlin. 2008. “Sovereign Bonds Ratings and Democratic Advantage Portfolio Investment In The Developing World”. Comparative Political Studies, 41(8), 1092-1116.
  • Cai, Peilin, Kim, Suk-Joong and Gan, Quan.2016. “The Effect of the sovereign credit rating on Foreign Direct Investment”. 15th World Business Research Conference, 1–34.
  • Emara, Noha and El Said, Ayah.2015. “Revisiting Sovereign Ratings, Capital Flows and Financial Contagion in Emerging Markets”. World Economic Research Institute, 1(2), 3-22,
  • Gande, Amar and Parsley, David.2004. Sovereign credit ratings and international portfolio flows, retrieved October 10, 2019, From: http://www.imf.org/external/np/seminars/eng/2004/ ecbimf/pdf/parsle.pdf, (2004)
  • İkizlerli, D. And Ülkü, N.2011. Political Risk and Foreigner’s Trading: Evidence from an Emerging Stock Market, Emerging Market Finance and Trade. 48(3), 106-121.
  • Körner, Finn Marten and Trautwein, Hans-Michael.2014.“Sovereign Credit Ratings and the Transnationalization of Finance – Evidence from a Gravity Model of Portfolio Investment” Economics Discussion Papers" retrieved October 20, 2019, from https://www.researchgate.net/deref/http%3A%2F%2Fdx.doi.org%2F10.5018%2Feconomics-ejournal.ja.2015-9
  • Stiglitz, Joseph, 2002. Globalization and Discontents, New York: W.W.Norton&Company.Inc
  • Swamy, Vighneswara and Narayanamurthy, Vijayakumar.2018. “What drives the capital flows into BRICS economies?”, The World Economy, 41(2), 519-549.

Cds Primleri ve Yabancı Yatırımcıların Satım Yönlü İşlemleri Arasındaki İlişkinin İncelenmesi

Yıl 2020, Cilt: 15 , 40 - 47, 29.02.2020

Özge Bolaman

https://doi.org/10.19168/jyasar.674279

Öz

Geçtiğimiz asırda yaşanan finansal liberalleşmeyle beraber araştırmacılar yabancı yatırımcı işlemlerinin gelişmekte olan ekonomilere olan etkisini sorgulamaya başlamıştır. Kriz dönemlerinde gelişmekte olan ülkelerde gözlenen sermaye çıkışları sermayenin liberalleşmesinin finansal krizlere neden olan en önemli faktör olduğunu düşünen Stiglitz (2002)’in görüşünü desteklemektedir. Durum böyle olunca yabancı yatırımcı işlemlerini etkileyen faktörleri belirlemek önem kazanmıştır. Bu çalışmada yabancı yatırımcıların satım yönlü işlemleriyle ülke kredi riskinin bir göstergesi olarak kullanılan CDS primleri arasında ilişki incelenecektir. Çalışmanın sonunda değişkenler arasında çift taraflı bir nedensellik ilişkisi tespit edilmiştir.

Anahtar Kelimeler

Yabancı Yatırımcı cds primleri ülke kredi riski krizler gelişmekte olan piyasalar

Kaynakça

  • Alper, Emre, Forni, Lorenzo and Gerard, Marc.2012. “Pricing of Sovereign Credit Risk: Evidence From Advanced Economies during Financial Crisis”. IMF Working Paper.
  • Baker, Kent and Filbeck, Greg, 2015.Investment Risk Management, New York: Oxford University Press
  • Biglaiser, Glen, Hicks,Brian And Huggins, Caitlin. 2008. “Sovereign Bonds Ratings and Democratic Advantage Portfolio Investment In The Developing World”. Comparative Political Studies, 41(8), 1092-1116.
  • Cai, Peilin, Kim, Suk-Joong and Gan, Quan.2016. “The Effect of the sovereign credit rating on Foreign Direct Investment”. 15th World Business Research Conference, 1–34.
  • Emara, Noha and El Said, Ayah.2015. “Revisiting Sovereign Ratings, Capital Flows and Financial Contagion in Emerging Markets”. World Economic Research Institute, 1(2), 3-22,
  • Gande, Amar and Parsley, David.2004. Sovereign credit ratings and international portfolio flows, retrieved October 10, 2019, From: http://www.imf.org/external/np/seminars/eng/2004/ ecbimf/pdf/parsle.pdf, (2004)
  • İkizlerli, D. And Ülkü, N.2011. Political Risk and Foreigner’s Trading: Evidence from an Emerging Stock Market, Emerging Market Finance and Trade. 48(3), 106-121.
  • Körner, Finn Marten and Trautwein, Hans-Michael.2014.“Sovereign Credit Ratings and the Transnationalization of Finance – Evidence from a Gravity Model of Portfolio Investment” Economics Discussion Papers" retrieved October 20, 2019, from https://www.researchgate.net/deref/http%3A%2F%2Fdx.doi.org%2F10.5018%2Feconomics-ejournal.ja.2015-9
  • Stiglitz, Joseph, 2002. Globalization and Discontents, New York: W.W.Norton&Company.Inc
  • Swamy, Vighneswara and Narayanamurthy, Vijayakumar.2018. “What drives the capital flows into BRICS economies?”, The World Economy, 41(2), 519-549.
Toplam 10 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Bölüm Makaleler
Yazarlar

Özge Bolaman 0000-0001-5119-4624

Yayımlanma Tarihi 29 Şubat 2020
Yayımlandığı Sayı Yıl 2020 Cilt: 15

Kaynak Göster

APA Bolaman, Ö. (2020). Interaction between Cds Premiums and Sell Transactions of Foreign Investors. Yaşar Üniversitesi E-Dergisi, 15, 40-47. https://doi.org/10.19168/jyasar.674279
AMA Bolaman Ö. Interaction between Cds Premiums and Sell Transactions of Foreign Investors. Yaşar Üniversitesi E-Dergisi. Şubat 2020;15:40-47. doi:10.19168/jyasar.674279
Chicago Bolaman, Özge. “Interaction Between Cds Premiums and Sell Transactions of Foreign Investors”. Yaşar Üniversitesi E-Dergisi 15, Şubat (Şubat 2020): 40-47. https://doi.org/10.19168/jyasar.674279.
EndNote Bolaman Ö (01 Şubat 2020) Interaction between Cds Premiums and Sell Transactions of Foreign Investors. Yaşar Üniversitesi E-Dergisi 15 40–47.
IEEE Ö. Bolaman, “Interaction between Cds Premiums and Sell Transactions of Foreign Investors”, Yaşar Üniversitesi E-Dergisi, c. 15, ss. 40–47, 2020, doi: 10.19168/jyasar.674279.
ISNAD Bolaman, Özge. “Interaction Between Cds Premiums and Sell Transactions of Foreign Investors”. Yaşar Üniversitesi E-Dergisi 15 (Şubat 2020), 40-47. https://doi.org/10.19168/jyasar.674279.
JAMA Bolaman Ö. Interaction between Cds Premiums and Sell Transactions of Foreign Investors. Yaşar Üniversitesi E-Dergisi. 2020;15:40–47.
MLA Bolaman, Özge. “Interaction Between Cds Premiums and Sell Transactions of Foreign Investors”. Yaşar Üniversitesi E-Dergisi, c. 15, 2020, ss. 40-47, doi:10.19168/jyasar.674279.
Vancouver Bolaman Ö. Interaction between Cds Premiums and Sell Transactions of Foreign Investors. Yaşar Üniversitesi E-Dergisi. 2020;15:40-7.
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